Collections Credit Bureau Debt Recovery 
Nexa Collect
JANUARY 14, 2023
The US government has thrown a slew of laws on collection agencies, making bad-debt recovery harder and costlier. Lower recoveries mean, low recoveries and extensive loss for businesses and doctors. There are thousands of collection agencies in the USA, but most are small. New Regulations. Read this: [link].
Nexa Collect
JUNE 4, 2022
Many collection agencies have shut down recently due to the following reasons. Covid-19 Pandemic : Collection agencies were barred from collecting money in many states during the pandemic, impacting revenue from existing accounts. Medical debts form nearly 50% of consumer debt collections.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nexa Collect
JUNE 28, 2022
Collection agencies offer two types of collection services to their clients. In the Fixed fee service a collection agency sends multiple written demands only. In the Contingency service one written debt validation notice is sent followed by collection calls from an experienced debt collector.
Burt and Associates
MAY 13, 2025
With standardized language, tone, and protocols, collectors stay compliant with laws like the Fair Debt Collection Practices Act (FDCPA) , and reduce risk for your business. One key takeaway from industry experts is that your training shouldn’t just be about “how to collect.”
Nexa Collect
FEBRUARY 15, 2023
It is common for collection agencies to charge an onboarding fee to their new customers. However, a few good collection agencies with nationwide coverage waive their setup fee from time to time. Contact us if you need a collection agency with the following features. High collection rates and an easy-to-use online client portal.
True Accord
JUNE 29, 2023
Let’s take a look at how the new updates to GLBA Safeguards Rule, how these security policies are important specifically for debt collection, and what best practices your business should follow to protect consumers’ data. Ready to collect more, faster from happier customers?
Nexa Collect
APRIL 27, 2022
But all this is changing only for medical debts. Credit bureaus will soon stop reporting medical debts lower than $500, remove medical line items that have been fully paid, and collection agencies now have to wait for 1 year before medical debts can be reported.
Expert insights. Personalized for you.
130 
Let's personalize your content